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hi everyone welcome back to sahab Academy today in this video we are going to understand and discuss about this adjustment entry which is called as outstanding expense which is also known as ACR expense and unpaid expense or expense payable lots of different names are there but itamp;#39;s just the same thing okay so we are going to understand this in very much detail and weamp;#39;ll take a huge example which will span two accounting periods we will start from the backstory yeah what happens behind this entry this entire thing and then weamp;#39;ll see adjusting entry being passed by the senior accountant and then the reversal entry and the next accounting period will begin you know what normal entries will be passed by the bookkeeper and then again the year will be ended that next accounting period also and then again senior accountant will pass adjusting entry and then the reversal entry right so weamp;#39;ll see this huge example and completely understand how does this outstand